Jupiter Fund Management (LON:JUP)‘s stock had its “hold” rating reissued by equities research analysts at Peel Hunt in a report released on Thursday.
Several other analysts also recently issued reports on the company. Berenberg Bank cut their price target on Jupiter Fund Management from GBX 460 ($6.01) to GBX 405 ($5.29) and set a “hold” rating on the stock in a report on Thursday, October 11th. UBS Group reissued a “sell” rating on shares of Jupiter Fund Management in a report on Friday, October 5th. Numis Securities reissued a “hold” rating and issued a GBX 300 ($3.92) price target on shares of Jupiter Fund Management in a report on Wednesday, January 2nd. Shore Capital raised Jupiter Fund Management to a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. cut their price target on Jupiter Fund Management from GBX 440 ($5.75) to GBX 410 ($5.36) and set a “neutral” rating on the stock in a report on Friday, October 12th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. Jupiter Fund Management presently has a consensus rating of “Hold” and an average target price of GBX 421.67 ($5.51).
LON:JUP opened at GBX 309.90 ($4.05) on Thursday. Jupiter Fund Management has a 52 week low of GBX 416 ($5.44) and a 52 week high of GBX 638.80 ($8.35).
About Jupiter Fund Management
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.
See Also: Systematic Risk
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